KMG EP makes oil, gas discovery in Rozhkovskoye field

KazMunaiGas Exploration Production Joint Stock Co. (KMG EP) reported making an oil and gas discovery in the Bashkirian tier’s sediments of the Carboniferous period in Rozhkovskoye field. On test in reservoirs of the Bashkirian period, the U-24 well flowed at maximum rates of 1,900 b/d of light, dry crude oil and 6 MMcfd of gas through a 9½-mm choke. U-24 was drilled in 2013 in the northeast wing of the field. Previous exploration at this part of the field targeted hydrocarbons in the Bobrikovskiy and Tournaisian horizons, KMG EP said.

“Positive test results from the new Bashkirian deposit increase the prospects of growing field’s reserves,” the company said.

“The discovery of Bashkirian deposit on Fyodorovskiy block confirms the high potential of this asset,” said Abat Nurseitov, KMG EP chief executive officer.

According to technical audits carried out in accordance with international standards, KMG EP’s 2P liquid hydrocarbon reserves in Rozhkovskoye field to 7.9 million tonnes in 2013 from 5.4 million tonnes in 2012. Production at Rozhkovskoye field is due to start in 2017.

Ural Group Ltd. (UGL) is exploring Rozhkovskoye field, and holds a 100% stake in Ural Oil & Gas LLP (UOG), which owns the exploration license for Fyodorovskiy block in the Zelenovsk district of western Kazakhstan, 70 km east of Uralsk. KMG EP acquired a 50% stake in UGL from Exploration Venture Ltd. in 2011.

Related Articles

ConocoPhillips, Suncor join Shell in deepwater exploration off Nova Scotia

06/11/2014

ConocoPhillips and Suncor Energy Inc. are joining Shell Canada as partners in exploring the deepwater Shelburne basin off Nova Scotia.

Eni farms into permit offshore South Africa

06/10/2014 Eni SPA has agreed to acquire 40% interest and operatorship in exploration right permit 236 (ER236) offshore South Africa’s east coast from Sasol P...

BHP Billiton farms into deepwater Trinidad and Tobago blocks

06/06/2014 BHP Billiton Ltd. has acquired a 70% stake in BP Trinidad & Tobago’s (BPTT) two deepwater blocks off Trinidad and Tobago’s east coast, leaving ...

Saratoga tests Rocky 3 well at 1,500 b/d of oil

06/04/2014

Saratoga Resources Inc., Houston, has provided an update on its Rocky 3 horizontal development well in Breton Sound Block 32 field.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected